Regional: Pacific Economic Management (Cluster TA)

Sovereign Project | 43045-012

Summary

Country Performance Assessments highlight the generally weak policies and institutions of the Pacific DMCs. As recorded in ADB's Pacific Strategy Mid-Term Review, the 14 Pacific DMCs are assessed as either fragile states or exhibiting strong characteristics of fragility. A weak economic performance means that much of the Pacific is poorly placed to cope with the repercussions of fragility. ADB's "Strategy 2020" states that due to generally weak policy regimes, their often small size, economic vulnerability, and weak institutions in these countries (fragile countries and situations). ADB must seek innovative means to strengthen the effectiveness of country-led models of engagement. The TA responds to these challenges by applying alternative approaches to assisting economic management in the Pacific. The TA builds on the growing understanding of how innovative efforts can unlock barriers to much needed change.

Latest Project Documents

Title Document Date
Pacific Economic Management Apr 2009

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Project Name Pacific Economic Management (Cluster TA)
Project Number 43045-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 0002-REG: Pacific Economic Management (Cluster TA)
Technical Assistance Special Fund US$ 3.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector Public sector management - Economic affairs management
Gender Equity and Mainstreaming Gender equity
Description
Project Rationale and Linkage to Country/Regional Strategy Country Performance Assessments highlight the generally weak policies and institutions of the Pacific DMCs. As recorded in ADB's Pacific Strategy Mid-Term Review, the 14 Pacific DMCs are assessed as either fragile states or exhibiting strong characteristics of fragility. A weak economic performance means that much of the Pacific is poorly placed to cope with the repercussions of fragility. ADB's "Strategy 2020" states that due to generally weak policy regimes, their often small size, economic vulnerability, and weak institutions in these countries (fragile countries and situations). ADB must seek innovative means to strengthen the effectiveness of country-led models of engagement. The TA responds to these challenges by applying alternative approaches to assisting economic management in the Pacific. The TA builds on the growing understanding of how innovative efforts can unlock barriers to much needed change.
Impact Stregthened capacity of assissted Pacific DMCs to manage for inclusive economic growth
Project Outcome
Description of Outcome Assisted Pacific DMCs use improved economic management processes
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Expanded set of economic indicators, including lead indicators where feasible

Economic review assessments undertaken on topical economic issues

High-quality advice available for the open and transparent formulation of economic management

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Christopher Edmonds
Responsible ADB Department Pacific Department
Responsible ADB Division Pacific Operations Division
Executing Agencies
Asian Development Bank6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance 06 Mar 2009
Fact Finding 28 Feb 2009 to 13 Mar 2009
MRM -
Approval 24 Apr 2009
Last Review Mission -
PDS Creation Date 09 Mar 2009
Last PDS Update 16 Oct 2010

TA 0002-REG

Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
3,000,000.00 0.00 500,000.00 0.00 0.00 0.00 3,500,000.00 - 0.00
Title Document Type Document Date
Pacific Economic Management Technical Assistance Reports Apr 2009

Safeguard Documents

See also: Safeguards

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Evaluation Documents

See also: Independent Evaluation

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